Draft the security package: financing statements, mortgages and pledges

Key facts

Human involvement: YellowClose supervision
How AI is used: Build a collateral table from the term sheet and the searches the lawyer supplies, and list which filing office each item points to. Do not complete a financing statement.
What the lawyer must review: Personal-property security is UCC Article 9 as enacted in the state, not the Australian PPSA. A financing statement is sufficient only if it names the debtor, names the secured party or a representative, and indicates the collateral (U.C.C. § 9-502(a)). Fixture, timber and as-extracted filings need the extra real-property details in § 9-502(b). The debtor’s name follows § 9-503, and states choose between the official alternatives for an individual’s name, including whether the unexpired driver’s licence controls. Real-property mortgages are state law. Read both enactments before the package is signed.
Written for / version: United States versionUSCth

Who does what

Who does what
Role	What they do
Assistance	Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope.
Lawyer	Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output.

Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

Forms and precedents for this task
Form or precedent	Kind	AI use	Summary
UCC Article 9 attachment and perfection checklist	Checklist	AI use Yellow	Checklist of attachment and filing questions drawn from the uniform text of UCC §§ 9-203 and 9-310.

Signed-in accounts can read the full text of each one. All precedents.